NZX sees "strong start" for milk futures contract

The New Zealand Exchange launched its milk futures contract at the end of May

The New Zealand Exchange said its new milk
futures contract has made a "strong start" just weeks after
launch, as the new product hit an early trading milestone.

The New Zealand exchange said its new milk
futures contract, which launched at the end of May, has traded
now some 184 contracts each worth 6,000 kg of milk solids,
meaning it has surpassed the milestone of one million kg of
milk solids traded.